AAPL
Apple Inc.
AAPL has the edge over LYTS overall, supported by stronger fundamentals and lower modeled downside.
LYTS
LSI Industries Inc.
LYTS offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
LYTS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Under pressure |
LYTS's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is under pressure.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
LYTS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $10.33 | -32% |
| Fair | 23x | $14.21 | -6.7% |
| Current | 24x | $15.22 | — |
| Expensive | 31x | $19.44 | +28% |
Historical ranges are pointers, not guarantees.
LYTS has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
LYTS Forward outlook
There aren't enough analyst estimates for LYTS to show an outlook.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over LYTS on earnings, with more consistent year-over-year improvement.
LYTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.63 | -21% |
| Q2 2026 | $0.67 | -15% |
| Q1 2026 | $0.75 | +4.2% |
| Q4 2025 | $0.82 | +6.5% |
| Q3 2025 | $0.80 | +1.3% |
| Q2 2025 | $0.79 | -6% |
| Q1 2025 | $0.72 | -23% |
| Q4 2024 | $0.77 | -15% |
LYTS's earnings per share have fallen from their peak: $0.63 over the past year, against $0.93 in late 2023.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over LYTS on profitability, with a higher operating margin.
LYTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $225.9M | +44% |
| Q2 2026 | $234.6M | +51% |
| Q1 2026 | $150.5M | +14% |
| Q4 2025 | $147M | -0.5% |
| Q3 2025 | $157.2M | +14% |
| Q2 2025 | $155.1M | +20% |
| Q1 2025 | $132.5M | +22% |
| Q4 2024 | $147.7M | +36% |
LYTS's revenue is growing: $226M last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.3% | -0.7 points |
| Q2 2026 | 6.2% | -1.5 points |
| Q1 2026 | 2.7% | -2 points |
| Q4 2025 | 6% | +0.3 points |
| Q3 2025 | 7% | +0.4 points |
| Q2 2025 | 7.7% | +0.7 points |
| Q1 2025 | 4.7% | -2.4 points |
| Q4 2024 | 5.7% | -1.4 points |
LYTS's operating margin was 6.3% last quarter, down 0.7 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
LYTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.8M | +$14.1M |
| Q2 2026 | $9.8M | +14% |
| Q1 2026 | $6.2M | +0.5% |
| Q4 2025 | $23.3M | +164% |
| Q3 2025 | -$291K | -103% |
| Q2 2025 | $8.5M | -17% |
| Q1 2025 | $6.2M | -44% |
| Q4 2024 | $8.8M | +21% |
LYTS generated $53M in free cash flow over the past year, up 128% from the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over LYTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
LYTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +12% | +4.2M shares |
| 1 year | +21% | +6.5M shares |
| 3 years | +26% | +7.9M shares |
| 5 years | +37% | +10.1M shares |
| Available history | +43% | +11.4M shares |
LYTS has 38M diluted shares, up 21% from a year ago.
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over LYTS on leverage, with a lower net debt burden relative to earnings.
LYTS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.7x | Elevated |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 5.1x | High |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 1.1x | Healthy |
| Q4 2024 | 0.7x | Very low |
LYTS's net debt is about 3.7 years of its operating earnings (EBITDA), up from less than a year a year ago.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
LYTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.9 | Oversold |
| Stochastic | 6.2 | Oversold |
LYTS's weekly RSI is 29 (oversold) and its Stochastic is 6 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
LYTS PE vs Technology Sector
| Metric | LYTS | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 28x | 13% below |
| PE % | 57 | 35 | 22 pts above |
LYTS has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over LYTS on trend strength, trading above more of its moving averages.
LYTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.4 | 22% below |
| 20 week MA | $21.3 | 29% below |
| 50 week MA | $21.4 | 29% below |
| 100 week MA | $20.2 | 25% below |
| 200 week MA | $17.4 | 13% below |
LYTS is in a downtrend: it's below all five of its weekly moving averages, and 13% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over LYTS on returns for 2026, with the stronger performance.
LYTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.08 | $8.52 | +40% |
| 2021 | $8.52 | $6.67 | -22% |
| 2022 | $6.67 | $12.1 | +81% |
| 2023 | $12.1 | $14.1 | +17% |
| 2024 | $14.1 | $19.4 | +38% |
| 2025 | $19.4 | $18.8 | -3.3% |
| 2026 YTD | $18.8 | $15.2 | -19% |
LYTS has finished higher in four of the last six years. It's down 19% so far in 2026.